- Analytics
- News and Tools
- Market News
- Steady policy decision by the BoJ needed to propel CHF/JPY onwards to 170 – Rabobank
Steady policy decision by the BoJ needed to propel CHF/JPY onwards to 170 – Rabobank
Economists at Rabobank analyze CHF/JPY outlook.
A tweak in BoJ policy at next week’s meeting could alter the dynamic for CHF/JPY
Excitement is whipping up in the market about the possibility of another tweak in the BoJ’s YCC policy at its October 31 meeting. This alters the dynamic for CHF/JPY in the near term.
A steady policy decision by the BoJ next week may be needed to propel CHF/JPY onwards to 170 in the weeks ahead. A tweak to BoJ policy would likely slow the ascent of the currency pair which has been bias higher since 2020.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
